Wednesday 26 October 2011

FX European Briefing 10.26.2011

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MYFCXM Depositing Funds Trading Signals
Talking Points
  • Any Relief to EU Debt Crisis After Leaders' Summit Inherently Temporary
  • Euro May Fall Despite Success in Brussels as Fundamentals Return to Focus
  • Australian Dollar Falls as Inflation Cools, Reinforcing RBA Rate Hike Bets
  • NZ Dollar Sold Ahead of RBNZ Meeting as Business Confidence Disappoints
Euro May Fall Even if EU Delivers on Debt Crisis Measures

 

The Euro may decline even if EU policymakers overcome their differences to deliver a credible plan to contain the festering Euro Zone sovereign debt crisis.

 

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